Jindal Steel and Power Limited (JSPL), India´s leading steel and power company, has released the company´s first Business Sustainability Report for FY 2013-14; showcasing Innovation as the corner stone of Sustainable Business.

At present, India is not yet ready with the concept of third party involvement for building up rail infrastructure for coal linkages. Now with the positivity which the present government has got along, investors are optimistic about fast-track solutions for coal linkage issues.

Jindal Steel and Power (JSPL) has commissioned a 2 million tonne per annum integrated steel plant at Sohar in Oman with a total investment of $800 million. JSPL runs the facility, the third largest unit in Middle East and in the gulf region

Jindal Steel and Power (JSPL) has acquired 100 per cent stake in Kineta Power, a 1,980 MW privately-owned coal-based power plant in Nellore district of Andhra Pradesh. The deal would be executed in phases and the project cost would be around Rs 10,000 crore. JSPL has plans to run the plant on imported coal from its mines in Indonesia and would blend it with the thermal coal produced at its mines in Mozambique.

Odisha Commerce Minister Subrat Tarai has stated that the Odisha government on August 30 rejected a proposal by Jindal Steel and Power (JSPL) to acquire 49 per cent stake in Gopalpur Ports (GPL) in the state. Citing the State's Law Department's report, he said that the Gopalpur port could not be transferred before its operation for at least three years.

Sushil Maroo has been appointed as Chief Executive Officer and a Director of Essar Energy. Maroo has most recently served as Deputy Managing Director and a Board Director of Jindal Steel and Power and has also served as a Deputy Managing Director of Jindal Power since 2008.

Agree. Developing a domestic transshipment port is a good idea if we talk about seaports, there are several countries and commercial centers around the world that don’t have a seaport and these countries have to use the seaports of other countries in order to import or export their cargo, which will give a competitive advantage.

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kishore tamidela says:

Adhering to international best business practices with niche boutique firms could open doors to easily tap financing from institutional investors both debt and equity.